Wu Wenxin Qiong secures over 700 million yuan in additional funding, partnership details revealed

Recently, the Chinese technology company Wuwen Qichong, which focuses on AGI (Artificial General Intelligence) infrastructure services, announced that it has obtained an additional round of financing of over 700 million yuan, continuing to rank first among Chinese AI-native infrastructure companies by financing size. Since its establishment in 2023, Wuwen Qichong has cumulatively raised more than 2.2 billion yuan in funding. After equity penetration, some listed companies have also emerged as indirect investors, including GF Securities, FiberHome Communications, China Electronics Graphics Media, Dongshan Precision, and more. Among them, Dongshan Precision indirectly participated in the investment via Suzhou Dongshan Industrial Investment Co., Ltd.

According to an incomplete review by reporters, the company’s cooperation partners almost cover well-known domestic large-model companies, such as DeepSeek, Tongyi Qianwen, Jiyue Xingchen, and Suiyuan Technology, among others. Among listed companies, 12 companies including Cambricon, PrimeSense (MUXI) Co., Ltd., Moore Threads, Zhipu, Sugon, iSoftStone, and Biren Technology are also included. Among the above cooperation companies, not only A-share companies are involved, but some Hong Kong-listed companies have also appeared.

In terms of market performance, as of May 8, the top gainers this year are all Hong Kong-listed companies that went public this year, including Zhipu and Tianshu Zhixin. In the A-share market, Muxi Co., Ltd.-U and Cambricon have recorded cumulative gains of more than 30% since the beginning of the year. (People’s Financial News)